Treasury Manager

Worldpac•Oak Brook, IL

5h•$81,000 - $108,000

About The Position

The Treasury Manager leads the company’s day-to-day treasury operations and is accountable for optimizing cash flow, liquidity, banking relationships, financial risk management, and treasury systems for a fast-growing, multi-site distribution business. This role owns the execution and continuous improvement of cash management, forecasting, debt administration, bank structure, and internal controls to ensure Worldpac maintains strong liquidity, minimizes risk exposure, and supports strategic growth initiatives. The Treasury Manager serves as the primary liaison between Finance, Accounting, Operations, banks, and external partners and provides leadership in driving automation, scalability, and best-in-class treasury practices.

Requirements

Bachelor’s degree in Finance, Accounting, or related field
5–8+ years treasury or corporate finance experience
Experience in multi-entity or high-transaction environments (distribution/retail preferred)
Experience managing banking relationships and cash operations
Treasury Management Systems (Oracle, Kyriba, or similar)
Advanced Excel and financial modeling
Cash forecasting & working capital analytics
Banking portals and payment systems
ERP integration experience
Strong financial acumen and analytical rigor
Process improvement mindset
Operational discipline and attention to detail
Executive communication skills
Ability to influence without authority
Comfortable operating in a fast-paced, growth environment
Ownership mentality
Proactive problem solver
Data-driven decision maker
Collaborative business partner
Continuous improvement orientation

Nice To Haves

CTP or MBA preferred (nice to have)

Responsibilities

Cash & Liquidity Management (Ownership)
Own short- and long-term cash flow forecasting models (weekly, monthly, quarterly)
Optimize working capital through bank structure and automation
Provide executive visibility into cash metrics and trends
Banking Strategy & Relationship Management
Responsible for all banking relationships and service performance
Negotiate bank fees and treasury services to reduce cost and improve value
Lead setup and maintenance of domestic and international bank accounts
Oversee letters of credit, guarantees, bonds, and other trade finance instruments
Ensure compliance with SOX, FBAR, and regulatory requirements
Debt & Capital Structure Support
Support management of credit facilities and financing arrangements
Monitor covenant compliance and reporting requirements
Partner with FP&A and leadership on capital planning and funding strategies
Treasury Operations & Systems Leadership
Serve as system owner for treasury management tools and banking platforms
Drive automation, controls, and scalability of treasury processes
Partner with IT and Finance to implement system enhancements and integrations
Actively lead Treasury Team on supply chain financing reconciliations and monitoring
Establish standardized workflows and documentation
Risk Management
Identify and manage financial risks including:
FX exposure
Interest rate risk
Counterparty/bank risk
Support development and execution of hedging strategies
Monitor and report exposures and mitigation effectiveness
Financial Reporting & Controls
Lead treasury reporting for leadership, audits, and compliance
Maintain strong internal controls and documentation
Ensure accuracy and timeliness of treasury data
Coordinate with external auditors and compliance reviewers while leading the cross-functional support of the monthly and annual bank compliance reporting and reviews.
Process Improvement & Continuous Optimization
Proactively identify efficiency opportunities in cash, forecasting, and reporting
Implement best practices and automation initiatives
Develop treasury policies and procedures
Build scalable processes that support company growth
Cross-Functional Leadership
Act as treasury subject matter expert to Accounting, AP/AR, FP&A, Operations, and Legal
Provide guidance to business units on banking and payment solutions
Lead or support strategic projects (ERP/Workday integrations, acquisitions, new locations)
Mentor and develop junior treasury or accounting staff